21st Century American Gold Rush is it Possible?

by the Webmaster

January 4, 2014 2:42 pm

The search for gold is what inspired Americans to transcend their boundaries from the original 13 colonies to expansion towards the South and western half of what is now the United States. Americans have mined gold since 1799, when they discovered the precious metal in North Carolina and today its the third largest producer after China and Australia and produces just as much as South Africa. Business Insider, a blog reported on recent US gold sites that reopened after recent discoveries of the precious metal. At least 11 US states: New Mexico, Montana, South Dakota, California, Washington, Colorado, Utah, Alaska, Nevada, Idaho, and Arizona have been recently surveyed and all of them had a reasonable amount of gold deposits.

Rio Arriba county and Socorro county in New Mexico are being prospected for more gold. In 2007, local copper miners came across the gold pieces and it was reported by the US Geological Survey that New Mexico had gold reserves of 149 metric tons. Most gold produced in the state in Arizona emerged from Copper mining projects. They have cited a database and report published by the US Geological Survey in 1998 and many newer states where gold surfaced had their production capability withheld to avoid disclosing company proprietary data. If Nevada were a separate country instead of a part of the United States then it would be rank fourth in terms of gold production in the world.

9 States Cashing In On The Brand New Gold Rush

by Mamta Badkar

November 28, 2010

http://www.businessinsider.com/gold-production-by-state-2010-11

http://www.cmi-gold-silver.com/blog/10-most-prolific-gold-fields-in-the-world

Wyoming a state where in a period of three decades (1975-2006), dozens and dozes of gemstones gemstones, diamonds and gold deposits were discovered. Accidental finds were reported and people actually found gemstones in areas others had previously searched. Many were found accidentally, others stumbling upon gemstones at 4-wheel drive roads, and even sitting adjacent to highways and in interstates. Wyoming may have the greater variety of gems than any other state in the US. The state’s geological terrains includes Archean greenstone belts, volcanic-sedimentary basins that have contain significant amounts of gold elsewhere in the world. Based on geology, Wyoming should have 100 to 500 million times more gold than it has.

Wyoming is a state resting on cratons, which are named after the Greek word kratos meaning ‘strength’. Cratons are the very old foundations, stabilized cores of the earth’s contents. In areas where the cores are exposed there is hold, hard, schists, gneisses, and granite rocks that geologists refer to as ‘hard rocks’.  The Continental cores are built of ancient rocks that are have estimated to be more than 600 million years old, and many are rich in gold, diamonds, rubies, sapphires, and other gemstones as well as rare metals such as chromium, titanium, nickel, copper, and platinum group metals.

wyprospector.blogspot.com

Dan Hausel, confirmed that gold and other gemstones in 1981, when he was working as the economic geologist for the Wyoming Geological Survey. In the Ernst Mining district or better known the Seminoe Mountains Mining district, Hausal found several quartz specimens with limonite boxworks that contained visible gold. The sample he had with visible gold had disappeared from his office at the time had no gold. The Gold Rush was subsequently made after the Wyoming Geological Survey released the information on the discovery. No further mining activity commenced because a company known as Timberline Minerals staked all of the public land and made parts of  it private property to keep other companies out. Since the discovery Hausal revisited Seminoe Mountains and mapped the greenstone belt, marking some areas where gold is likely to be found. Him being knowledgeable in geology, he picks up pieces of rocks from the gravel to examine the mineral type and content.

His breakthrough in finding not only gold but indicators that diamonds are present is when he meet Donna and Charlie Kortes, other prospectors had introduced him to an area where there are quartz with visible gold embedded in it. Charlie and Donna took Hausal to a basin that is along the North Platte River up gold in dry alluvial gravels on both sides of the river more than a mile from the drainage. The samples that Hausal collected from the milky quartz and alluvial gravel were tested with the University of Wyoming’s microprobe and the samples had pyropes, a material with diamond yielding properties. Dan Hausal, has published a book in August 2011, Gold Field Guide for Prospectors & Geologists (Wyoming & Adjacent Areas). He documents all of the prospecting methods and concepts for finding gold. Dan and Eric J. Hausel believe the Seminoe Mountains gold district is an over-looked gold and diamond deposit and the information on geology, geochemistry, and mineralogy validates where several hot spots might be.

Seminoe Mountains Gold and Diamond Anomaly Wednesday, September 5, 2012

http://seminoe.blogspot.com/

Dan Hausel discovered that there is gold in Wyoming’s Rattlesnake Hills in 1981 but he couldn’t move forward when verifying the amount of gold deposits untapped as  the whole state and University of Wyoming refused to additional supplemental research funding. That Hausel dubbed the gold district as an Archean (more than 2.5 billion years old) greenstone belt has similar rich deposits mined at Cripple Creek, Colorado. Hausal has been drilling in the area after 1982 up until 1995 and there has been discoveries made by John Ray of ACNC at that time. In the 21st century, Evolving Gold began mining in the Rattlesnake Hills district and found recent large pockets of gold. He started off investigating the Colorado-Wyoming State Line district for diamondiferous kimberlite. Hausel’s assignment was to draw out a geological map to promote Wyoming’s resources by attracting a diamond company to test for commercial mineralization and Dr. Daniel N. Miller Jr, director of the WGS hired him to do it. Between 1979 and 1981, 9 kimberlites that were missed by previous investigations were found and over the years 600 similar diamond and kimberlite discoveries were made, most remain unverified.

In 1982, Hausel started his search for other mineral deposits and found several hundred gold, silver, platinum-group, base metal and gemstone discoveries. Local newspapers, the internet, books Wyoming Geological Association newsletters and Guidebooks and annual reports of Wyoming’s Geologist and US Bureau of Mines published information on these discoveries. The tectonics of Wyoming rests on Precambrian rocks and minerals with above normal gold content. Companies have entered the greenstone belt in Rattlesnake Hills to map and sample the area and detected gold in old Archean (3 billlion years old) veins, fractures, exhalites, (a vein like deposit), stockworks & in much younger Tertiary (42 million years old) breccias & igenous rocks. American copper & Nickel found samples in exhalites (veins). Canyon Resources & Newmont Gold explored breccias & made a million ounce gold discovery. The Tertiary volcanics heightened the potential for Rattlesnake hills having a large tonnage of disseminated gold deposits.

Note~Please read David Hausel’s blog and if you have any questions ask him he is the geologist who mapped the area of Wyoming. Hausel cited the information he wrote on the blog from his book Gold Field Guide for Prospectors & Geologists (Wyoming & Adjacent Areas).

GOLD RUSH WYOMING! Tuesday, October 8, 2013  by David Hausal

MAJOR GOLD DISCOVERY in CENTRAL WYOMING Saturday, September 24, 2011 by David Hausal

Gold Discovered in the Rattlesnake Hills, Central Wyoming Tuesday, April 27, 2010 by David Hausal

http://rshgold.blogspot.com/

KCRA 3 News channel broadcasting out of Northern California for viewers living in Sacramento, Stockton, and Modesto and the surrounding communities had stories about people finding pieces and even chunks of gold randomly. A spike in gold prices has attracted many people to mine for the precious metal in the Sierra Nevada of Northern California. A Tuolumne County miner has brought 3 pounds of gold chunks at a local jeweler for the KCRA news to make a story about it. These gold prices have reopened the Sutter Gold Mine in Amador County for extraction of gold. When the price of gold dropped in the 1990s they discontinue all mining and made it a tourist attraction until its recent price hikes. Someone found a good size gold chunk in Nevada County in 2010 and in January 2011 KCRA 3 announced that it was auctioned with the rising price of $400,000 dollar. A 14 year old teenager has found a gold rock worth $5,500 in the river where he and his father were fishing in. After the teenager’s story others have obtained metal detectors and printed instructions for gold prospecting. The prevalence of some gold deposits in Northern California have made others even resort to illegal mining operations on their own property. In El Dorado county, some land owners were illegally mining at abandoned mining sites near Placerville.

Prices Spur New Gold Rush In Sierra

New Gold Rush Pans Out In Mother Lode

Record High Gold Prices Spur Sutter Gold Mine To Reopen

Eureka! Check Out This Huge Gold Nugget!

Gold Rock Found On Fishing Trip Worth $5,500

Illegal Gold Mining Discovered

A flooding and rain that Colorado went through in September 2013 rose up creeks across the state. Clear Creek, one of America’s oldest sites for gold prospecting is now being excavated again.

Colo. flooding triggers mini-gold rush by CBSThisMorning

Gold mining itself was generally unprofitable for diggers and mine but the increase in the world’s gold supply stimulated global trade and investment.

Australian Economic History Review: An Asia-Pacific Journal of Economic, Business & Social History

INTEGRATING THE HISTORIOGRAPHY OF THE NINETEENTH-CENTURY GOLD RUSHES

Keir Reeves, Lionel Frost, Charles Fahey

Article first published online: 22 JUN 2010

http://onlinelibrary.wiley.com/doi/10.1111/j.1467-8446.2010.00296.x/abstract

The miners who were successful used hydraulic mining where high pressure hoses, called monitors, blasted the hillsides, and it washed the gold-bearing mud into sluices. The miners added mercury to the sluices to form an amalgam with the gold that settled to the bottom and they burned off some of the mercury which left the gold easier to collect. Gold was tucked deep in sedimentary layers and to access it they made mudslides that filled whole valleys changing the landscape in parts of the Sierra Nevada Mountains. The practice was made illegal in 1884 but some miners made a lot of money using hydraulic mining and just recently it is discovered that mercury is actually contaminating plant and affecting the fish in the Sierra Nevada. As of October 2013, British and American scientists proved that the poisonous mercury is slowly moving toward the fruit and nut orchards, and the rice fields of California’s lush Central Valley, America’s food basket.

Detritus from the Gold Rush is heading toward America’s food basket

Inside Science News Service

Published October 28, 2013

http://www.foxnews.com/science/2013/10/28/detritus-from-gold-rush-is-heading-toward-americas-food-basket/

In the 19th century there was no advanced technology such as metal detectors and ground penetrating radars that would enable those searching for gold to accurately inspect locations. The miners who succeeded use a technique where its hazards are finally affecting the environment. Imaging Locators specializes in building units made for surveying underground. They have instruments for Underground Surveying; Ground Penetrating Radars, Pulse Induction Metal Detectors, and Tunnel Locators. They have received great testimonials from users and some have even reported on their success in finding more than gold nuggets. Users have found bronze Roman statues in Africa and other historical facts.

http://www.imaginglocators.com/oko_penetrating_radar.html

http://www.accuratelocators.com/finds.html

There are metal detectors that can differentiate between gold and other metals. On January 2013, An Australian gold prospector was able to find a 12-pound gold nugget that was missed by other hundreds of other prospectors. The anonymous prospector found the nugget in a field near the city of Ballarat Victoria, Australia, by the Yarrowee River. It is probably the most extraordinary because its the largest size out of what 800 local prospectors according to Cordell Kent, the owner of the Ballarat Mining Exchange Gold Shop.  The prospector believes that a difference in the metal detector was the reason for finding a large piece where others have searched before. The gold digger used a Minelab GPX-5000, a metal detector that is more sensitive to gold than other similar detection devices available. These special units is able to pinpoint and distinguish gold from other metals probably over the fact that a rare earth magnet is attracted to the precious metal.

Man Finds 12-Pound Gold Nugget Missed By Hundreds of Prospectors

Jesus Diaz on Gizmodo

1/17/13 6:24pm

http://gizmodo.com/5976925/man-finds-12+pound-300000-gold-nugget

Pure gold brick can attract magnet

David Hausel has noted that the US Government has marked those areas of Wyoming’s greenstone belt private.The gold-silver-copper deposits in the Absaroka mountains and Yellowstone and the the copper-zinc-gold-silver volcanogenic massive sulfide deposits in the Sierra Madre Mountains cannot be accessed. The great Carissa gold mine and the rest of the South Pass greenstone belt have also been closed off by the federal government. There may be a good reason as to why they shut off any public land ownership of that part of Wyoming.

GOLD RUSH WYOMING! by David Hausel

October 8, 2013

http://rshgold.blogspot.com/

GATA or the Gold Anti-Trust Action Committee filed a lawsuit against the Fed in U.S. District Court for the District of Columbia for withholding documents that exposes Western governments and the central banks actually rigging the price of gold after it was demonetized. The document that the judge ordered to be released revealed central bankers conspired on manipulating the gold market. In April 1997 there was a meeting between the G-10 gold and Foreign Exchange Committee and they discussed the significance of leasing gold. Smeeton, a British delegate had noted that gold has been traditionally a secretive market and some dealers had even resisted releasing this information, but most thought release was helpful in demonstrating the market’s resilience even though the price has been sluggish. Fisher, a US delegate also stated that a revaluation of gold and its certificates would expand the US Treasury’s debt servicing burden. According to Fisher, the US Treasury issues gold certificates to the Reserve Banks and number of certificates also appears on the Federal Reserve balance sheet. If the value of gold increases the same would happen with the gold certificates and it would lead to sales of government securities. That would expand the public portfolio of government securities and expand the Treasury’s debt servicing burden, which is why prevention the expansion of the Fed’s balance sheet was emphasized.

For illegally withholding gold information, Fed pays GATA

4:37p ET Friday, May 13, 2011

http://www.gata.org/node/9917

To: Members of the Board

From: Ted Truman

Subject: Gold and Foreign Exchange Market Discussion on the Gold Market

http://www.gata.org/files/FedMemoG-10Gold&FXCommittee-4-29-1997.pdf

Adrian Douglas’s article Adrian Douglas: The ‘Tiny’ Gold Market is actually the World’s Biggest reveals that the central banks were selling gold in the form of paper. The author’s arguments had to do with the London Bullion Market Association having less than enough gold in its vaults to trade such large daily volumes. If all buyers were to request the gold they purchased and have it delivered to them LBMA wouldn’t be able meet that criteria. There are 15,000 metric tonnes of London Good Delivery bars that is exist in the entire world but there’s 50,000 metric tonnes of obligations LBMA can’t fulfill. When people buy and sell without any delivery then there is a great chance that bullion houses are selling gold that doesn’t exist.

That is why LBMA has a policy where customers can’t make a requested delivery and if the bullion banks don’t have enough gold on hand meet delivery demands, central banks lease or sell them gold to cover the shortage. Suppressing the gold price conceals their version of the fiat currency (paper gold) and that allows interest to be lower than they actually are. As long as this practice by the central banks continue, the price of commodities and imports will be lower thus artificially strengthening the value of the dollar. Secrecy of this practice must remain in secret as what Douglas’s dubbs a “strong dollar policy.”

Adrian Douglas: The ‘tiny’ gold market is actually the world’s biggest

By Adrian Douglas

Monday, January 18, 2010

http://www.gata.org/node/8248

The Forensic Clues of a Manipulated Market By Adrian Douglas

https://marketforceanalysis.com/index_assets/Forensic%20Clues%20of%20a%20Manipulated%20Market.pdf

The Gold Anti-Trust Action Committee (GATA) dedicates itself to accumulating all of the documentation that proves the gold price is suppressed. It is to keep the purchasing power of the US dollar artificially high by hiding inflation. The US Government, the Federal Reserve, and the major bullion banks are all involved according to many of the summaries and pdf uploaded FOIA released governments. Adrian Douglas and other authors use these papers to verify America’s agenda to keep the value of the US dollar higher than other currencies. What does it have to do with the possibilities of an American Gold Rush? The US Government could be privatizing these reserves so when gold buyers finally ask for their investments to be returned they would have enough physical gold for refunds. These are all just speculations so do not take my word for it and GATA also noted in one of its articles about Henry Kissinger stating that whoever makes the most gold controls the world. David Hausal’s reports and books revealed that the United States possibly produces the most world in the world according to geological studies he conducted.

On February 18, 2011 Mac Slavo, wrote an article; Insider Report: US Government Will Confiscate Gold When It Touches $2000 and in it, the United States plans on using being a part of the IMF to use the monetary unit known as the SDR, or Special Drawing Right and would discontinue the fiat paper known as the US dollar. The SDR is made out of other global monetary units that include the euro, Japanese yen, British pound sterling, and US Dollar. The SDR was actually backed by gold with one SDR being worth at least 0.88 grams of gold or $1 US dollar before the collapse of the Bretton Woods gold-backed US dollar monetary system in 1973. When gold reaches $2000 or $5000 per ounce that is when their government will began its seizure but Slavo was unsure if they would actually physically confiscated it from their citizens.

Insider Report: US Government Will Confiscate Gold When It Touches $2000

Mac Slavo

February 18th, 2011

http://www.shtfplan.com/precious-metals/insider-report-us-government-will-confiscate-gold-when-it-touches-2000_02182011

That would be convenient for the US Government wait until the prices rise that high and then began gold mining operations in Wyoming and adjacent areas. The Sutter mine in Northern California reopened over gold price hikes and other mines could open in the future. That would pay off the debt that America owes and since European banks are involved in gold price suppression as well it will work perfectly as their currencies are all apart of the SDR. A gold rush is likely possible in the United States. Just like America being able to produce more oil than the Middle East well there are plenty of gold reserves in their country and gold-sensitive metal detectors can point out the hot spots for the precious metal.

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